The government stimulus went into the pockets of a relatively few people. The good news is that large capital investments are being made in various industries; despite the fear of higher taxes and costs that will be imposed on US businesses. Indeed, the positive effects of the government stimulus are most likely totally off set by the negative effects of growing government.
in reference to: The Stimulus and the Economy, Arnold Kling | EconLog | Library of Economics and Liberty (view on Google Sidewiki)Saturday, October 24, 2009
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